October 15, 2018
JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …
October 15, 2018
A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain. Over 60 people were forced to leave their …
October 15, 2018
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the appointment of Ann Haugh as president of its Global Markets division. In this role, Haugh will oversee AXIS Re Strategic Partners, global Specialty Re and AXIS Re’s …
October 15, 2018
Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …
October 15, 2018
The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …
October 15, 2018
The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help …
October 15, 2018
A Massachusetts medical transportation business and its managers have been cited $460,945 in restitution and penalties for violating workers’ rights and state wage laws. Massachusetts Attorney General Maura Healey’s office began investigating Watertown, Mass.-based Quantum Transportation LLC and its managers, …
October 15, 2018
The number of Tennessee residents who died of drug overdoses has risen more than 8 percent, setting another record in 2017. The state Health Department said 1,776 Tennesseans died from overdoses last year, the most since reporting began. The number …
October 15, 2018
Solar Extended Warranty OEM, VAR & Servicer Solution Market Detail: Personal Safeguards Group LLC (www.personalsafeguardsgroup.com) provides an insured method for a Solar Manfacturer, VAR & Servicer to add a service contract to the purchaser of their solar panel, inverters and …
October 15, 2018
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited L.L.E. Construction LLC for exposing employees to fall and other hazards at a construction worksite in Bridgeport, Conn. The company faces $146,554 in proposed penalties. OSHA inspectors …